---
title: "MicroStrategy Announces First Bitcoin Purchase With BTC Prices Above $100K"
url: https://diffcoin.com/microstrategy-announces-first-bitcoin-purchase-with-btc-prices-above-100k/
description: "It wouldn't be a Monday if MicroStrategy didn't announce a big purchase."
published: 2024-12-16
updated: 2024-12-16
author: "Mila"
site: "Diffcoin"
---

# MicroStrategy Announces First Bitcoin Purchase With BTC Prices Above $100K

Michael Saylor, MicroStrategy’s BTC champion, has announced another massive bitcoin purchase from the company he co-founded, which is actually the first with the asset’s price above $100,000.

Interestingly, Peter Schiff was quick to intercept the announcement with another criticism against Saylor, his company, and BTC.

> MicroStrategy has acquired 15,350 BTC for ~$1.5 billion at ~$100,386 per [#bitcoin](https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw) and has achieved BTC Yield of 46.4% QTD and 72.4% YTD. As of 12/15/2024, we hodl 439,000 [$BTC](https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw) acquired for ~$27.1 billion at ~$61,725 per bitcoin. [$MSTR](https://twitter.com/search?q=%24MSTR&src=ctag&ref_src=twsrc%5Etfw)
> 
> — Michael Saylor⚡️ (@saylor) [December 16, 2024](https://twitter.com/saylor/status/1868643218956734876?ref_src=twsrc%5Etfw)

As Saylor’s post reads, the NASDAQ-listed giant spent roughly $1.5 billion to acquire 15,350 BTC at an average price of $103,386. The firm’s total stash has grown to 439,000 BTC, valued at well above $44 billion at current prices, while it spent $27.1 billion to acquire it.

MicroStrategy’s BTC yield has grown to 46.4% in the past quarter alone, with the number standing above 72% for the entire year.

Thus, the company has continued a recent tradition that started several weeks ago: announcing massive purchases worth over $1 billion on Monday.

Another thing that didn’t change this week is the vocal criticism of well-known bitcoin hater – Peter Schiff. The gold bug commented under Saylor’s post that BTC’s price will plunge once the firm stops buying.

> “Just as I suspected. Imagine how much lower the Bitcoin price will fall when you stop buying. Then imagine how much lower it will go when creditors force you to sell.”

SPECIAL OFFER (Sponsored)  
  **Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance**  (full details).

**LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!**

[Source link](https://cryptopotato.com/microstrategy-announces-first-bitcoin-purchase-with-btc-prices-above-100k/)